Manager - Procurement

Position Summary

As Manager - Insurance, the incumbent is responsible for identifying and assessing any potential insurable risks that may impact on the reputation, safety, security and financial prosperity of GEG. The incumbent will be expected to work closely with his Finance, HR partners and relevant Business Units across the enterprise for developing and implementing programs to mitigate operation risks in respect of different insurance covers, health and safety policies, disaster recovery measures and business continuity plans. Representing GEG, he/she will be required to work closely with insurance brokers and underwriters to derive appropriate and adequate insurance policy coverage to protect various streams of business needs, to champion risk awareness programs, to administer and monitor insurance claims and to actively manage insurance policies including without limitaiton to timely renewal before policy expiry.

Primary Responsibility

Insurance Portfolio Management

• Manage the Company's insurance portfolio, including property damage and business interruption, public liability, employee compensation, group medical and life, motor, project/construction, and other corporate insurance lines as required.
• Coordinate insurance renewals, declarations, endorsements, and policy administration in a timely and accurate manner.
• Review insurance coverage, limits, deductibles, and policy terms to ensure alignment with business operations, contractual obligations, and risk exposures.
• Work with Finance and relevant stakeholders to validate insured values, payroll, headcount, revenues, and other underwriting information used for renewals and declarations.
• Assess the financial impact of insurance structures, deductibles, and uninsured exposures, and support management in evaluating risk financing options.

Requirements

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, Insurance, Risk Management, Business Administration, or a related discipline.
• Professional insurance or risk management qualifications, such as ACII, ANZIIF, or equivalent, would be an advantage.
• Minimum 5 years of relevant experience in insurance, risk management, finance, audit, corporate insurance, broking, or a related field.
• Good command of English and Chinese, both written and spoken.